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10:23 23 May
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Azer Turk Bank completes Q1 with profit


According to the information given by the press service of Azer Turk Bank, assets of the Bank were determined at the level of 291, 468,000 manats as of March 31, 2017.

 

Loan portfolio totaled  139.8 mln. manats. The aggregate capital of the Bank, after payoffs, amounted to 54,776,000 manats, the capital adequacy ratio was set at 30.87%.

 

The ROA index, illustrating the efficiency of the Bank’s assets, constituted 1.10%, return on the equity index (ROE) – 7.24%.

 

The total income of the Bank achieved 7.493 mln. manats, expenses – 6.4 mln. manats, net profit exceeded 1.064 mln. manats. The deposit portfolio of the Bank amounted to 191.9 mln. manats. The authorized capital of the Bank is 50 mln. manats.

 

75 percent of shares of Azer Turk Bank, performing in Azerbaijan since 1995, belong to the state.

 

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